About Mary Connaughton

Mary Z. Connaughton, CPA, is Pioneer’s Director of Government Transparency and Director of Finance and Administration. Prior to joining Pioneer, she was a partner in the business development firm of Ascentage Group. Her professional experience also includes being an accounting instructor at Framingham State University and senior manager on the audit staff at Ernst and Young in Boston.

Mary served on the former Massachusetts Turnpike Authority board of directors. She was a member of the Massachusetts Commission on Judicial Conduct and was on the board of directors of Commonwealth Corporation. She was Chief Financial Officer of the Massachusetts State Lottery and served in the State Treasurer's Office. Mary was formerly vice chair of the Framingham Finance Committee.

Mary earned an M.B.A. from Assumption College in 2009, as well as a B.B.A. in Accounting and a B.A. in English from the University of Massachusetts at Amherst. She is a member of the Massachusetts Society of Certified Public Accountants.

Entries by Mary Connaughton

S&P Global Ratings (S&P) recently downgraded Commonwealth and certain other Massachusetts agency bond ratings one notch from AA+ to AA. The AA rating is still considered a high mark in terms of the investment grade of the bonds, meaning S&P believes the state will meet its debt obligations. While it is fair to say that […]

A version of this op-ed appeared in The Berkshire Eagle, The Salem News, The Gloucester Times, the Patriot Ledger, The Brockton Enterprise, and The New Bedford Standard-Times. BOSTON — Moody’s Investors Service estimates that total U.S. state and local government pension unfunded liability will reach $1.75 trillion this year and the commonwealth is hardly immune […]

It’s Sunshine Week once again! While it may fall close to spring break, it means something even better than Coppertone and Daytona Beach. Each year during Sunshine Week, Pioneer reviews the government transparency work it has completed through the year to highlight efforts to bring greater public accountability to Massachusetts. Our objective is to have […]

The clock is ticking towards December 30, 2017. As part of the 2016 public records reform legislation, An Act to Improve Public Records, a special legislative committee was established to “examine the accessibility of information concerning the legislative process of the general court and the expansion of the definition of public records.” The establishment of […]

When doing the people’s will is secondary to legislators’ self-interest, how strong is our democracy? The state Legislature is on the verge of overriding the Governor’s veto of legislation that includes sizable pay raises for state and legislative leaders. Their actions on this front will answer the democracy question. Since legislators can’t raise their base pay, the hikes are limited to leadership positions in the form of increased legislative stipends. Base pay increases are formulaic and tied to the state’s median household […]

Although transparency was the expression of choice on Beacon Hill in 2016, the year fell short of what could have been a transformative period of government openness. Long overdue public records law reform was the most dramatic action taken by the Legislature in this vein, but compromise ultimately weakened what otherwise could have been very […]

The public records bill that was signed into law by Governor Baker last week and takes effect January 1, 2017 contains significant improvements to existing law and will no doubt improve the Commonwealth’s poor national rankings for government transparency. The legislators who crafted it have done the state a service. But there is more work […]

By Mary Z. Connaughton and Charles Chieppo Guest Columnists Originally published in The Berkshire Eagle, the Milford Daily News, New Bedford Standard-Times, and The Lowell Sun. It would be easy just to shake your head and turn the page upon learning that the MBTA Retirement Fund (MBTARF) is underfunded by nearly $868 million. Unfortunately, you cannot. Every […]

Each Sunshine Week, Pioneer shares highlights of its government transparency work completed over the year. Our objective is to have Massachusetts rank among the nation’s most transparent states. It’s a formidable goal because the Reporters’ Committee for Freedom of the Press currently ranks our state at or near rock bottom in the nation for government transparency. […]

While it’s possible that 2016 will see an historic surge in policies and laws that promote transparency in Massachusetts, the odds are we won’t see a quantum leap. But as we dig deeper into the draft of the public records reform bill released by the Senate yesterday, we are encouraged that, after decades of inaction, Beacon […]

State Senator Jamie Eldridge is on to something. The State House News Service recently reported that he filed a bill to bring greater transparency to the legislative process by establishing an agency similar to the Congressional Budget Office to put a concrete price tag on legislation before it is passed. This is an idea Pioneer […]

Yesterday’s Boston Globe editorial has it right – the time for the legislature to act on meaningful public records reform is now, while at least a modicum of momentum remains for its enactment. Waiting much longer likely signals the bill’s death knell. Sadly, though, if a bill does emerge from the House Ways and Means […]

Public trust and citizen engagement is fundamental in a healthy government. Transparency engenders both. The Massachusetts legislature is one of the minority of state legislatures in the country where open meeting law doesn’t apply. In fact, according to a 2011 study by the Reporters’ Committee of Freedom of the Press, it’s one of only 19 […]

There’s no such thing as a free ride. Ask any accountant and he or she will tell you that there’s always a cost involved. Some businesses give free samples to market their products – a cost to grow revenue. Others give their products or services away because of inadequate controls. The MBTA falls into the […]

Eliminating final and binding arbitration at the MBTA is key part of Governor Baker’s reform proposal. His bill does not call for ending collective bargaining and arbitration at the T, but instead for applying the same collective bargaining/arbitration law that applies to other public employee unions at state agencies and municipalities, including at police and […]

By Mary Z. Connaughton and John Sivolella Guest Columnists This article originally appeard in the Milford Daily News. Read it in its entirety. Posted Apr. 19, 2015 at 7:13 AM There is a lot of justifiable talk about the need for government transparency these days, but the concept is far from new. In fact, the […]

Background Over the past two months, Pioneer Institute has focused substantial resources on analyzing the MBTA’s operations, finances, pension system and governance (leadership and accountability). A key piece of our work has included comparisons of the Authority to other American transit systems. We have provided comparisons to all systems, but have focused on like or […]

Pension and other post-employment benefit (OPEB) costs significantly impact the MBTA’s financial position. There’s been much talk about the T’s retirement costs but relatively little about how those costs and their funding rank among other large transit systems. The MBTA has not set assets aside to fund OPEB obligations and is underfunding its pension costs. […]

The Boston Business Journal was dead-on when Craig Douglas wrote, “the BCEC’s expansion plan is a case in point for why Massachusetts is in such a financial quagmire today. It’s had virtually no relevant financial vetting. Its cost projections are Big Dig-esque.” His case in point was the recent room-night figures reported in the Massachusetts Convention […]

My train was on time this morning, no T-alerts popped into my email and, at long last, I enjoyed an express trip to Boston. For that, I am delighted. Still, we can’t let the last couple of woeful months on the commuter rail melt away like the snow. MBTA commuter rail trains were late 72 percent of […]

To some, it may seem insignificant in that police departments have wide discretion in responding to public records requests, or that a school district can charge exorbitant fees to the public for document requests. Perhaps it doesn’t matter that state agencies routinely respond to public records requests well after the mandated ten days, or that our […]

Your toes are numb, the faces around you sullen and the service alert on your phone says the next train will arrive at a different time than the LED screen overhead. The train you planned on taking to work broke down and was cancelled. You’d warm up at the local diner if you knew the […]

You’ve come a long way, baby! Or maybe not. It’s been 42 years since President Richard Nixon signed Title IX into law. While the legislation was enacted to ban gender discrimination in educational programs, over time it became a game changer for school-based athletic programs. School girls and young college women seized the opportunity to […]

It looks like the besieged folks down at the Division of Children and Families weren’t too happy about having to post their annual performance grades on the Governor’s Mass Results accountability web page this year. They thought they could pull a fast one by leaving off 11 of the 12 annual performance measures they established […]

In a joint press release praising the Transportation Reform bill of 2009, House Speaker DeLeo and Senate President Murray wrote, “the final bill eliminates the Turnpike Authority, streamlines communications, and creates a more efficient and cost-effective system under a unifying agency called the Massachusetts Department of Transportation (MassDOT), potentially saving the Commonwealth up to $6.5 […]

When is a tax not a tax? When no one pays it. That’s basically the case with Massachusetts’ voluntary 5.85 percent income tax rate. In 2011, the latest year for which information is available from the Department of Revenue (DOR), a tiny fraction of the 3.5 million tax filers opted to pay the increased rate, […]

Legislature must open up on spending Monday, April 1, 2013 By: Mary Z. Connaughton, Adam Campbell Why would the Legislature spend $525 on a tailor, $1,050 on limousine service and $59,000 at WGBH last year? And the numbers get even bigger. How about over $1 million on consulting services, with close to half of that going […]

The next time you’re watching those dollars ring up at the pump, think about this: for every gallon you pump, the federal government gets 18.4 cents and the state government gets 21 cents for gasoline taxes. Did you know you’re also taxed another 2.5 cents per gallon to reimburse costs related to underground storage tank […]